The British-based shoemaker has announced it will reduce its workforce by 900 over the next 18 months. The company which was already experiencing some issues took the hit of Covid-19
Caleres began to reopen retail stores in areas where restrictions have been relaxed or lifted, and by the end of May it expects to have 435 of its locations re-open
The Germany-based leather goods label has moved to ask for creditors' protection. The company took the hit of the Covid-19 crisis as most of the retail locations with their products are now closed
According to the latest data by NPD, fashion footwear sale, in the new Covid-19 context, fashion footwear underperformed in total sales. Slippers sales doubled. Work/safety footwear with better performance
The HDS/L and buying groups SABU and ANWR issued a joint declaration recommending postponing the season timings in footwear and leather goods sector to help minimise the impact of Covid-19 closures
The US-based brand closed 2019 with strong results, which continued into the beginning of 2020. However, the slowdown in global markets impacted by the Covid-19 pandemic lead to a 2.7% fall in sales in quarter one
This year’s summer sales will start a month later than normal in Belgium. The decision to postpone the start of the sales by a month is an attempt to mitigate the economic impact of the coronavirus pandemic on retail
US-based NPD is monitoring the consumption in the country and has concluded the decline in the week terminating on the 21st of March reached two digits rates
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The US-based footwear retailer has announced it would be extending its store closures until further notice, given the diffusion of the Covid-19 in the country
The British-based luxury brand is already forecasting the hit from the impact of the Covid-19 pandemic. Burberry announced it is expecting a 30% decline in sales for the first quarter of 2020
Italy has been the first country in Europe to take the hit of the Covid-19 epidemic, and it has been strongly impacted so far. We talked with Assocalzaturificci about the state of the footwear industry
In the last three months of the year, Genesco announced net sales of 678 million US dollars. The total for the complete year reached 2.2 billion US dollars
A survey conducted by Coresight Research revealed that nearly three-quarters of US consumers would avoid malls or shopping centres if the coronavirus outbreak worsens in the country